SLB CEO sells 25,000 shares in planned trade
SLB LIMITED/NV Chief Executive Officer Olivier Le Peuch sold shares in a planned transaction.
Rhea-AI Filing Summary
SLB LIMITED/NV Chief Executive Officer Olivier Le Peuch sold shares in a planned transaction. He executed an open-market sale of 25,000 shares of common stock at a price of $50.56 per share. After this sale, he directly owns 1,416,328 shares of SLB common stock.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan that he adopted on March 25, 2025, which means the trade was scheduled in advance rather than timed in response to short-term market developments. Relative to his remaining stake, the transaction represents a small portion of his overall holdings.
Positive
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Negative
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Insights
CEO’s 25,000-share sale is small and pre-planned under a Rule 10b5-1 plan, signaling a routine liquidity event.
SLB’s CEO, Olivier Le Peuch, completed an open-market sale of 25,000 common shares at $50.56 each. The filing shows this was done pursuant to a Rule 10b5-1 trading plan adopted on March 25, 2025, indicating it was scheduled ahead of time.
Following the transaction, he still directly owns 1,416,328 shares, so the sale represents only a small fraction of his position. Because the trade is both pre-planned and modest relative to his remaining holdings, it generally appears as a routine diversification or liquidity move rather than a strong signal about SLB’s outlook.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share | 25,000 | $50.56 | $1.26M |
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 25, 2025
FAQ
What insider transaction did SLB (SLB) report for CEO Olivier Le Peuch?
Does the SLB (SLB) CEO’s Form 4 filing indicate any remaining derivative positions?
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